Advertisements
Advertisements
प्रश्न
A person borrows 10000 for 2 years at 4% p a simple interest he immediately lends it to another person at 6.5 % p. a. for 2 years. Find his total gain in the transaction.
Advertisements
उत्तर
A person borrows money at 4% per annum and lends it at 6.5% per annum.
∴ His gain is (6.5 – 4) = 2.5% on ₹ 10000 for 2 years
i.e. gain = `(1000 xx 2.5 xx 2)/100`
= 100 × 5
= ₹ 500
∴ The person will gain ₹ 500 in this transaction.
APPEARS IN
संबंधित प्रश्न
The difference between Simple Interest and Compound Interest on Rs. 500 for 1 year at 10% per annum, reckoned half-yearly is
Choose the most appropriate option.
The difference between simple interest and compound interest at the same rate for rupees 5,000 for two years is rupees 98. The rate of interest is:
Kirti took a loan of ₹800 at a rate of 11% per year for 7 months. After seven months she has to pay
The difference between the simple interest and the compound interest (compounded annually) on ₹2000 for 2 yr at 8% per annum will be
A person borrows ₹ 5000 for 2 yr at 4% per annum simple interest. He immediately lends it to another person at `6 1/4` per annum for 2 yr. Find his gain in the transaction per year.
What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 6 yr and that for 9 yr?
Mr. Thomas invested an amount of ₹13900 divided in two different Schemes A and B at the simple interest rate of 14% per annum and 11% per annum, respectively. If the total amount of simple interest earned in 2 yr be ₹3508, what was the amount invested in Scheme B?
Ravi borrowed some money at the rate of 4% per annum for the first three years, at the rate of 8% per annum for the next two years and at the rate of 9% per annum for the period beyond 5 yr. If he pays a total simple interest of ₹19550 at the end of 7 yr, how much money did he borrow?
A bank offers 5% compound interest calculated on a half-yearly basis. A customer deposits ₹1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is
There is 60% increase in an amount in 6 year at simple interest. What will be the compound interest of ₹ 12000 after 3 years at the same rate?
Albert invested an amount of ₹ 8000 in a fixed deposit scheme for 2 years at a compound interest rate of 5% per annum. How much amount will Albert get on the maturity of the fixed deposit?
What would be the simple interest on an amount of Rs. 9600 at the rate of 6% per annum after 3 years?
In how many years Rs. 1,00,000 will become Rs. 1,33,100 at a compound interest rate of 10% per annum?
A certain sum of money becomes three times itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?
At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
At what rate percent of simple interest will a sum of money double itself in 12 years?
Anil Invested an amount for three years at a simple interest rate of 9 p.c.p.a. He got an amount of ₹19,050 at the end of the years. What principal amount did he invest?
